Political Quotes

Alan Simpson: “I am saying, based upon the law of the United States, that any surplus in these funds is "used" and goes directly to the…”

On the recordJune 7, 1996
I am saying, based upon the law of the United States, that any surplus in these funds is "used" and goes directly to the general fund, that there is no trust fund in that to be looted, to be raided. It is a series of great stack of IOU's. That is what we have here.
Said by
Alan Simpson
Wyoming

Editor's note · Context

Discussing the allocation of surplus funds during a Senate debate.

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